{"id":89040,"date":"2026-05-03T11:46:32","date_gmt":"2026-05-03T11:46:32","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=89040"},"modified":"2026-05-03T11:46:32","modified_gmt":"2026-05-03T11:46:32","slug":"bitcoin-prints-biggest-monthly-win-in-a-year-amid-renewed-market-optimism","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=89040","title":{"rendered":"Bitcoin Prints Biggest Monthly Win In A Year Amid Renewed Market Optimism"},"content":{"rendered":"<div>\n<p>Fear still hangs over the crypto market even as Bitcoin closed April with its strongest monthly gain in 12 months. The Crypto Fear &amp; Greed Index registered a reading of 39 on Friday \u2014 firmly in \u201cFear\u201d territory \u2014 a sign that many investors remain cautious despite the month\u2019s upbeat finish.<\/p>\n<h2>Two Green Candles After A Long Dry Spell<\/h2>\n<p>Bitcoin returned 12% in April, its best monthly performance since April 2025, when it gained 14%. The gain ended a streak of five straight red monthly candles.<\/p>\n<p>\u201cAfter 5 consecutive red monthly candles, Bitcoin has now closed 2\u00a0<a href=\"https:\/\/x.com\/DaanCrypto\/status\/2050100384341926337?s=20\" target=\"_blank\" rel=\"noopener nofollow\">in the green<\/a>, causing some relief in the market,\u201d crypto trader Daan Crypto Trades wrote on X.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\"><a href=\"https:\/\/twitter.com\/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\" target=\"_blank\">$BTC<\/a> April is done. May is here.<\/p>\n<p>After 5 consecutive red monthly candles, Bitcoin has now closed 2 in the green, causing some relief in the market.<\/p>\n<p>What do you think? Is May going to be red or green? <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/17.0.2\/72x72\/1f447.png\" alt=\"\ud83d\udc47\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> <a href=\"https:\/\/t.co\/u8IhgV8ahI\" rel=\"nofollow\">https:\/\/t.co\/u8IhgV8ahI<\/a> <a href=\"https:\/\/t.co\/aihxkDEqQc\" rel=\"nofollow\">pic.twitter.com\/aihxkDEqQc<\/a><\/p>\n<p>\u2014 Daan Crypto Trades (@DaanCrypto) <a href=\"https:\/\/twitter.com\/DaanCrypto\/status\/2050100384341926337?ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\" target=\"_blank\">May 1, 2026<\/a><\/p>\n<\/blockquote>\n<p>Still, the April result came in just below the coin\u2019s historical average for the month, which sits at 13%, according to CoinGlass data.<\/p>\n<p><a href=\"https:\/\/www.coingecko.com\/en\/coins\/bitcoin\" target=\"_blank\" rel=\"noopener nofollow\">Bitcoin<\/a> started April near $66,000 and is currently trading around $78,400 \u2014 still about 35% below its all-time high of $125,100, reached last October.<\/p>\n<h2>Analysts Split On What Happens Next<\/h2>\n<p>With May now open, market watchers are divided on where Bitcoin goes from here. Crypto analytics firm CryptoQuant issued a warning that the April rally may have been built on shaky ground.<\/p>\n<p><img data-recalc-dims=\"1\" fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter size-full wp-image-678955\" src=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/05\/a_42fd5f.png?resize=701%2C407\" alt=\"\" width=\"701\" height=\"407\" srcset=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/05\/a_42fd5f.png?w=701 701w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/05\/a_42fd5f.png?w=640 640w\" sizes=\"(max-width: 701px) 100vw, 701px\"><\/p>\n<p>According to the firm, the move was driven largely by futures traders rather than deeper structural demand, raising the possibility of a multi-month price decline ahead.<\/p>\n<p>On the other side of the debate, MN Trading Capital founder Michael van de Poppe argued that Bitcoin doesn\u2019t need a <a href=\"https:\/\/x.com\/CryptoMichNL\/status\/2050115439611596886?s=20\" target=\"_blank\" rel=\"noopener nofollow\">headline-grabbing catalyst<\/a> to push back past $100,000.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">What narrative will bring <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\" target=\"_blank\">#Bitcoin<\/a> to $100K?<\/p>\n<p>There doesn\u2019t need to be a narrative that pushes the price upwards.<\/p>\n<p>Price moves upwards, and the narrative will create itself.<\/p>\n<p>At this point, it doesn\u2019t feel like there\u2019s ever a narrative again that will be moving the needle for\u2026<\/p>\n<p>\u2014 Micha\u00ebl van de Poppe (@CryptoMichNL) <a href=\"https:\/\/twitter.com\/CryptoMichNL\/status\/2050115439611596886?ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\" target=\"_blank\">May 1, 2026<\/a><\/p>\n<\/blockquote>\n<p>\u201cThere doesn\u2019t need to be a narrative that pushes the price upwards,\u201d he wrote on X Friday. Bitcoin last traded above $100,000 on November 13 \u2014 about a month after a $19 billion crypto market liquidation event on October 10.<\/p>\n<p>Crypto analyst Jelle offered a shorter-term take, writing simply: \u201cWe hit the ground running again next week.\u201d<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-full\" src=\"https:\/\/www.tradingview.com\/x\/pUENuoGx\/\" width=\"1814\" height=\"921\"><br \/>\nHistory Points To A Solid May \u2014 But It\u2019s No Guarantee<\/p>\n<p>Based on CoinGlass data, Bitcoin has historically returned an average of 7.78% in May, making it one of the more favorable months on the calendar.<\/p>\n<p>Some market participants are leaning on that track record to stay optimistic. Reports indicate that many traders believe Bitcoin\u2019s historical patterns tend to repeat, though analysts have long cautioned that past performance in crypto markets carries no real predictive weight.<\/p>\n<p><em>Featured image from Unsplash, chart from TradingView<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Fear still hangs over the crypto market even as Bitcoin closed April with its strongest monthly gain in 12 months. The Crypto Fear &amp; Greed Index registered a reading of 39 on Friday \u2014 firmly in \u201cFear\u201d territory \u2014 a sign that many investors remain cautious despite the month\u2019s upbeat finish. Two Green Candles After [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-89040","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/89040","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=89040"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/89040\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=89040"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=89040"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=89040"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}